What are the different types of building defect insurance available?

NRMA's Residential Strata Insurance offers cover for both the strata titled building and common areas, such as gardens, balconies and pools, against loss or ... Feb 7, 2024 ... As of this year, there are no major changes to SPA. It still tells us that comprehensive property insurance is mandatory for all strata properties except bare ... Strata Insurance provides cover for the common, or shared areas of apartment buildings or townhouse complexes. As well as insuring the building itself, ... Quick Links · Copyright © 2024 Strata Insurance Services. All rights reserved. ABN 14 167 214 182 · Request a Quote. Your name. Your email. Subject. Strata insurance covers the common areas and shared facilities of your building, while building insurance covers the structure of the buildings and your ... Avoid churn-and-burn relationships as they erode trust, decrease long-term value, and damage your reputation. Instead, focus on building trusted partnerships ... With insurance rates for condos and townhouses climbing 50 to 300 percent – and in one case nearly 800 percent – condo and townhouse owners in BC are worried. Energising the strata insurance market: affordability, availability, competition - May 2023 Strata Insurance Disclosure Handbook User Guide - Sept 2023 Strata Insurance covers residential buildings within a complex and common areas such as garages, sealed driveways, and swimming pools. Why pick Strata for your insurance needs? Save time and money. Nobody loves getting insurance. But we make it easy and hassle-free by shopping around to find ...